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The Effect of Cognitive Skills on Fertility Timing
How do cognitive skills shape fertility timing? I estimate a life-cycle model showing that contraception frictions, not just opportunity costs, drive the ability gradient in teen childbearing.
Agustin Diaz Casanueva
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College as a Commitment Device: Parental Altruism and the Samaritan's Dilemma
Why do parents invest so much in their children’s college education? I propose that college serves as a commitment device for …
Agustin Diaz Casanueva
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Fiscal and Generational Imbalances in the U.S. Federal Budget
We estimate the U.S. federal fiscal imbalance at $202.9 trillion in perpetuity using Penn Wharton Budget Model microsimulations.
Agustin Diaz Casanueva
,
Jagadeesh Gokhale
,
Kent A. Smetters
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